Buy side has almost disappeared, But not a lot of sell pressure either, so unlikely to be any volume until something is announced to the market.
The lack of news could be interpreted 2 ways. Either it a'int good news so the company would rather stay mute, or progress is on track so there is nothing really to announce. The former would border on being illegal, whereas the latter would be OK as previous announcements suggested progress was being made. However, it is unlikely to be very good news because surely they would announce that!
Hopefully someone with deep pockets is slowly accumulating around 5c in the firm knowledge that the outlook is OK as that would support the share price until the good news arrives. More likely though is that nobody has a clue but there is simply a lack of sellers at less than 5c.
PSZ Price at posting:
5.1¢ Sentiment: Hold Disclosure: Held
